Egypt cuts fuel prices

Tuesday, April 14, 2020

Faced with lower demand and falling oil prices, Egypt’s Ministry of Petroleum made the decision to cut the price of fuel on Friday to assist consumers during this time of lower productivity as a result of the COVID outbreak. gas

In a statement released by the Ministry, the new prices were set at the equivalent of USD 0.48 per liter for 92 octane gasoline, down from USD 0.49 per liter, while the 80 octane gas price was reduced from USD 0.41 to USD 0.40 per liter, and 95 octane gas price was reduced from USD 0.55 to USD 0.54 per liter.

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